The biggest problem of altcoins

[palvinta]

Yes, I agree the biggest problem Altcoin is because it depends on Bitcoin. If Bitcoin cannot survive, I'm sure Altcoin also slowly cannot maintain its existence. Bitcoin is the most trusted and most promising coin so if the main coin is dead, the children will die.

[Ayston]

Next to this factor is that altcoin is only used to hold and sell and some of them cannot be used to buy something online or offline, I thinm this is the next problem after your problem.

[Valermos]

Next to this factor is that altcoin is only used to hold and sell and some of them cannot be used to buy something online or offline, I thinm this is the next problem after your problem.

I have the same opinion. The crypto community need to focus more on retail and online e-commerce projects allowing you to use altcoins as a measure of payment, especially when it helps you to avoid paying extra taxes to governments.

[bhoybitcoin]

I can relate to this topic. I felt that I'm not alone after all.

Well finally, people pointed out the reasons why altcoins are having troubles whenever Bitcoin goes down. Its the complete dependency in Bitcoin. Its like the common sickness in crypto market that has no cure at all. Everyone are hoping that one day, these altcoins can stand independently on their own which is impossible to happened right now. This needs to have a good solution right away or else altcoins will turn priceless someday.

[MSTuTeJIb]

....is their complete dependancy of Bitcoin. It really takes all the fun out of crypto trading.

No matter what kind of awesome progress some altcoins make....it doesn't change the trend upwards if Bitcoin doesn't allow it.

Pump and dump groups I also blame. Because of them I'm very positive that Bitcoin won't make it past 30 000 this year. 50 000 to 80 000 would be realistic without pump and dump groups dominating and controlling the prices.

Anyways, these things have to change somehow. The first altcoin developers who claim their absolute freedom from Bitcoin will be the real winners of this crypto game.

This is a true opinion, but there are some details. When bitcoin grows, the altkoins do not thrive, because all the money goes to bitcoin. And when bitcoin is fixed more or less in one position, then from bitcoin all the money is poured into altcoins

[Dennys52]

The biggest problem with altokones is altcoins, which depend on the bitcoin prices, so when the price for bitcoins fluctuates, we see that prices for altcoyin are falling strongly.

[Lontongmie]

The biggest problem with altcoins is the total dependence on Bitcoin. You can speculate on this, but this does not allow you to make plans for the long term

[Gargo]

Yes, it's almost the same, like you say, but in this time we see the situation, when bitcoin is go down, with him all coins do the same. But with the time it will change and altcoins will not be depend on btc.

[Bhosted]

The biggest problem is the fact that you could not be sure in anything in crypt because there can happen everything. I've been in different situations even when i have not receive tokens for bounty campaign.

[Andri ansah]

The biggest problem in alcoin, many people consider alcoin as a mode of fraud, mining fraud, besides that security is also a problem in alcoin related to low hashrate networks. The more you use, the value will continue to increase. Conversely, if the less, the implication of the selling price will decrease.

[Yana_O1993]

Always the largest currencies will have an impact on the smaller ones! at the moment the absolute market leader is bitcoin and etherium! the courses of all alternative credit will depend on them 

[Samolet]

Most likely, the new players in the market cryptocurrency will never be able to overtake the leader. There is an option that a much more modern technology will be developed that will allow to overtake Bitcoin, but it is not a fact either. For example, Dash and other alternative coins, which ensure the complete secrecy of data on remittances, could not catch up with a leader who does not have such options.

[wildan-nizar]

it's true bitcoin development is very fast and has attracted a lot of attention and maybe for the next few years bitcoin is not as interesting as now because so many have joined

[vachellie]

all trades depend on investors, everyone who has a lot of money can control the bitcoin price.
bitcoin is too popular so many investors hold this situation a distinct advantage for them.
no more freedom of bitcoin, all depends on the investors!

[samward]

maybe the current altcoin price is too dependent on btc so the altcoin developers have trouble in raising the price of their own coin. This makes them hampered to make the program they set to grow

[xxc123]

And once it reached their soft / hard cap they are nailing and starting to take profits. I have believed this since before that the altcoin market is totally depending to bitcoin market.

That's why it is called th

[fibrolit]

Now a lot of altcoins with a small capitalization. We can say that they do not depend on the bitcoin exchange rate. Their course at any time can raise or lower a person who does not even have a million purse.

[seymenyunus1654]

I agree with you. It is true that the Altcoin is now fluctuating in price bitcoin, which shows the Altcoin is still manipulated by the shark. However, the future of the altcoinracs will die only the valuable Altcoin exists and it will escape the price impact of bitcoin.

[Wind_Crypto]

i think the day wun be long, eth maybe, but perhaps even a totally new token not in the current top 10. tokenomics and use case is of utmost importance.

[captain_blood]

Actually, if you look at the bigger perspective, you could see the difference. It's not that way at all, for instance, if you are into some solid altcoin investment, like 3months hold, you could see the growth of its altcoin differently independent with BTC. But if you notice the trend, when bitcoin will slow down and so do alts. but when BTC goes up, alts will soar higher than what you think. So they longer you hold a potential, then more you will likely to gain your position.